Home sales are cooling across parts of the country, but for millions of households, the barriers to homeownership have not moved. When the Associated Press reported that existing-home sales fell 2.4% in June while the national median sales price climbed to a record $440,600, it captured a housing market sending two signals simultaneously: activity is…
Las Vegas is experiencing its sharpest tourism decline in more than fifty years. The official unemployment numbers are barely moving. That gap is the story. Las Vegas visitor numbers fell 7.5 percent in 2025 — a loss of more than three million tourists — marking the steepest annual decline since record-keeping began in 1970 outside…
The Culinary Workers Union ratified a contract guaranteeing six months of benefits and severance for workers displaced by AI. That number is either a floor to build on or a ceiling that defines what workers can expect when the machines arrive. The Culinary Workers Union Local 226 represents approximately 60,000 hospitality workers across Las Vegas….
A documentary broadcast on ITV alleged 21,000 migrant workers have died since Saudi Arabia’s NEOM project began. Saudi authorities dispute the figure. The conditions that produced it are documented across multiple credible investigations. Saudi Arabia’s Vision 2030 was announced in 2016 as a plan to restructure the country’s economy away from oil dependency through a…
India’s Code on Social Security formally recognized gig and platform workers for the first time. As of mid-2025, fewer than 340,000 of the country’s 12 million gig workers had enrolled in the system created to protect them. India’s gig workforce grew from 7.7 million workers in fiscal year 2021 to 12 million in fiscal year…
Nearly 25 years after the Sept. 11 attacks tore a hole in Lower Manhattan and the nation’s memory, the World Trade Center site is about to be whole again. American Express broke ground Thursday on its new global headquarters at 2 World Trade Center, the final commercial tower to rise on the 16-acre campus. The…
When language about an economic decision moves markets more than the decision itself, price discovery has migrated from the economy to the institution watching it. Bloomberg reported on July 8 that the Federal Reserve released the minutes from its June 16-17 FOMC meeting, confirming a hawkish tone under new Chair Kevin Warsh. A few officials…
France’s third major heatwave of 2026 is arriving before the calendar reaches August. The Connexion France reported on June 25 that Minister for ecological transition Monique Barbut told FranceInter that there is a strong probability that, starting the week after July 6, France will return to extreme heat until July 14 — the country’s national…
The 340B Drug Pricing Program has operated since 1992 on a straightforward premise: pharmaceutical manufacturers must sell drugs at steep discounts to hospitals and clinics that serve disproportionate shares of low-income and uninsured patients, and those savings are meant to help those facilities extend their financial capacity to serve people who would otherwise go without…
Las Vegas housing is cooling. Class A apartment communities and newer residential inventory are showing flat-to-declining pricing after steep appreciation in 2021 and 2022, according to data from the 702 Housing market report and Fortune’s city-by-city housing analysis from April 2026. The investors and out-of-state buyers who drove that run-up are pulling back. On the…